Loyalty program

–

Loyalty programs are structured marketing efforts that reward, and therefore encourage, loyal buying behavior — behavior which is potentially beneficial to the firm.^[1]

Various loyalty cards

In marketing generally and in retailing more specifically, a loyalty card, rewards card, points card, advantage card, or club card is a plastic or paper card, visually similar to a credit card or debit card, that identifies the card holder as a member in a loyalty program.^[2] Loyalty cards are a system of the loyalty business model. In the United Kingdom it is typically called a loyalty card, in Canada a rewards card or a points card, and in the United States either a discount card, a club card or a rewards card. Cards typically have a barcode or magstripe that can be easily scanned, and some are even chip cards. Small keyring cards (also known as keytags) which serve as key fobs are often used for convenience in carrying and ease of access.

A retail establishment or a retail group may issue a loyalty card to a consumer who can then use it as a form of identification when dealing with that retailer. By presenting the card, the purchaser is typically entitled to either a discount on the current purchase, or an allotment of points that can be used for future purchases. Hence, the card is the visible means of implementing a type of what economists call a two-part tariff.

The card issuer requests or requires customers seeking the issuance of a loyalty card to provide a usually minimal amount of identifying or demographic data, such as name and address. Application forms usually entail agreements by the store concerning customer privacy, typically non-disclosure (by the store) of non-aggregate data about customers. The store — one might expect — uses aggregate data internally (and sometimes externally) as part of its marketing research. These cards can be used to determine, for example, a given customer's favorite brand of beer, or whether he or she is a vegetarian.

Where a customer has provided sufficient identifying information, the loyalty card may also be used to access such information to expedite verification during receipt of cheques or dispensing of medical prescription preparations, or for other membership privileges (e.g., access to a club lounge in airports, using a frequent flyer card).

Loyalty programs are predominantly run by retailers and the service industry, but recent advances in proof of purchase systems and supporting technology is now increasing participation by manufacturers of consumer products.

History

For information on historical loyalty programs, see Loyalty marketing history.

By continent and country

North America

United States

In the U.S., several major supermarket and fish market chains and at least one major pharmacy^[3] require the cards in order for customers to receive the advertised loyalty price. These include Smith's, Kroger and Safeway (each through both their own name and many of their regional chain names), Albertsons, Winn-Dixie, Harris Teeter, Ingles, Giant Eagle, Tops, and CVS/pharmacy. Many retailers allow accumulation of fuel discounts. Some have tie-ins with airline frequent-flyer programs, and some agree to donate a percentage of sales to a designated charity. Most notably, Wal-Mart does not have a loyalty card plan (though someone who purchases a gift card can generally get a 3 cent discount per gallon of gas at the fuel stations located on Wal-Mart premises).

The practice is also common among book and music retailers, from large chains to independent retailers. In some instances, the customer purchases the card and receives a percentage discount on all purchases for a period of time (often one year), while in other instances, a customer receives a one-time percentage discount upon reaching a specified purchase level. (For example, a bookseller's loyalty card program might provide a customer with a 10% off coupon once the customer has spent $200.00 at the bookseller.) Best Buy's loyalty program offers points redeemable for dollar-amount discounts after accumulating a set number of points along with other discounts from time to time, though the card is not required to receive their advertised price in most cases.

Independent hardware stores such as Ace Hardware and True Value added customer loyalty programs in order to compete more effectively against larger chains as well as gather customer data.^{[citation needed]} In addition, office supply retailers Staples, Inc. and Office Depot started issuing club cards in 2005.^{[citation needed]}

Almost all major hotel chains (Best Western, Choice Hotels, Holiday Inn, Marriott, Super 8 Motels, etc.) have cards that allow guests to earn either points (redeemable for discounts, future stays or other prizes) or airline miles (Hilton's HHonors program allows guests to earn both points and miles on the same stay, the only program to date that does so). All major US Airlines also offer rewards credit cards. Other travel related reward programs include SeaMiles, with points that can be redeemed for cruises.

For now, most American retailers have not implemented club cards. In a few cases (e.g., Federated Department Stores, Kohl's) this is because the retailer already issues its own credit cards, and thus already has a direct relationship with the consumers most likely to shop at its stores.

Max & Erma's has a loyalty program called Good Neighbor Rewards. Guests are rewarded based on their number of visits by either 5%, 10%, or 15%. Additionally, guests are periodically given additional rewards by way of free items added to their loyalty card electronically.

Truck stop chain Pilot Travel Centers program Driver Payback Points rewards truck drivers for fueling up by giving them points that can be used for purchase inside the store. Although it can be used for general merchandise, the program is specifically targeted to be redeemed at the restaurant chain located inside each location.

A few states regulate club cards. Supermarkets in California are subject to the Supermarket Club Card Disclosure Act of 1999.^[4]

Prominent online loyalty programs include Memolink, Mypoints, FatWallet and Ebates. Some online loyalty programs focus on "other-directed" consumers including Upromise, Schoolpop, The BSP Rewards Network and iGive.com.

Several banks also have rewards programs, including three of the Big Four (Wells Fargo being the lone exception.), CapitalOne, and Citizens Financial Group. PNC Financial Services launched a program in 2009 as a direct result of its acquisition of National City Corp., which National City did have along with a mortgage division (two things PNC didn't have) before the PNC deal.

Recently, a lot of attention has been paid to the loyalty programs due to companies like Foursquare, Cardmobili and Shopkick providing new ways for consumers and businesses to communicate. All three companies focus on using smartphones such as the Android and iPhone - Foursquare partnered with AMEX to provide Foursquare points when using an American Express card,^[5] and Shopkick gives users points for scanning barcodes of popular products at locations like BestBuy.^[6]

Canada

The oldest loyalty program in Canada is probably Canadian Tire money, in which the Canadian Tire company gives out coupons which look like currency.^[7] Air Miles is Canada's largest loyalty program - Air Miles can be earned at more than 100 different sponsors and almost a thousand different rewards. Aeroplan began in 1984 as Air Canada’s frequent flier program, but since 2008 has been owned by Groupe Aeroplan Inc. and operates as a more widely based coalition program. HBC Rewards/Club Z is a large program first started by Zellers in 1986 as Club Z. Loblaws offers the President's Choice Financial program where cardholders earn PC Points towards free groceries. Some retailers run their own rewards programs, such as The Body Shop's Love Your Body Card, Shoppers Drug Mart's Shoppers Optimum Card, Staples Business Depot's easyRewards Savings Card (formerly Dividends) and Sobeys Club Sobeys card. The iRewards program is Canada's largest loyalty program for booklovers, offering everyday discounts and special coupons at Chapters, Indigo Books and Music, Coles, SmithBooks, the World's Biggest Bookstore and chapters.indigo.ca. PetPerks is PetSmart's reward program; members get a pre-determined discount on any item in the store that displays a PetPerks tag under the regular price tag.

Almost every gas station in Canada offers some sort of program such as Esso Extra at the Esso gas stations, Petro Points at Petro-Canada, Save-On-More at some Chevron stations in BC, Canadian Tire money at Canadian Tire gas stations, or a coupon that grants the customer 3.5 cents off per litre of fuel purchased at Sobeys Fast Fuel locations that can be used at a Sobeys banner store. Loblaws, Atlantic Superstore, and Real Canadian Superstore grant a 5 cent a litre coupon that can be used at their stores. Sunoco's CAA reward offering ends at the end of 2007, to be replaced with Sunoco's own Performance Points reward program.

Oceania

Australia

The largest loyalty program in Australia is FlyBuys, established in 1994 and owned by Coles.^[8] It has more than 10 million cardholders in over 5.5 million Australian households.^[9] In a survey conducted by Monash University in December 2009, FlyBuys was ranked as "most worthwhile joining" among major Australian loyalty programs.^[10] Rival retailer Woolworths launched its Everyday Rewards fuel discount card nationally in 2009 and by August 2010 had 5.1 million cardholders, with 2.7 million linked to the Qantas frequent flyer program.^[11]

Among other Australian retailers, the largest programs are Myer's MYER one program (department store), the Priceline Club Card (health, beauty, home), Amcal Club (pharmacy), Millers Retail Club (apparel), and the BB Retail Capital (formerly Brazin Limited) Pulse Rewards program (Virgin, HMV, Sanity, dusk, Bras n Things, and SX sunglasses). Pulse has more than a million members.^[12]

All major Australian banks offer credit cards with reward programs. Many offer points collection with the Qantas frequent flyer program or conversion to points for Virgin Australia's Velocity Rewards program.

The largest online rewards program is RewardsCentral. Perkler is a website launched in Australia in August 2009 which lists 1,800 loyalty programs and their 280,000 associated perks.

New Zealand

The largest loyalty program in New Zealand is Fly Buys. Other significant programs include the New Zealand Automobile Association AA Rewards Card and Countdown supermarket's Onecard.

Europe

United Kingdom

The loyalty card market in the UK is one of the most significant in the world, with most major chains operating some form of reward system. Passcard has been claimed to be the first reward scheme or discount card, created around by Gary Wilson in 1981^{[citation needed]} and later known as Passkey.^[13] One of the first loyalty cards backed by a major chain is believed to be the Sainsbury's Homebase Spend and Save Card in 1982.^{[citation needed]}

Of the "big four" supermarkets, only Sainsbury's and Tesco operate loyalty cards. Both Nectar and Tesco's Clubcard scheme have been criticised for not offering value for money.^[14] When Clubcard or Nectar points are used for money off supermarket shopping, they roughly equate to a 1% discount, although offers can increase this discount by as much as 4 times for certain rewards. Some retailers with banking operations also award points for every pound spent on their credit cards, as well as bonus points for purchasing financial services. A report in The Economist suggested that the real benefit of loyalty cards to UK outlets is the massive database potential they offer.^[15]

After trials in 1994, Tesco launched its Clubcard program, the UK's first nationwide supermarket-only loyalty card scheme, in 1995 with dunnhumby. Sainsbury's launched its Reward Card in 1996. This was replaced by the Nectar card in 2002, which was launched in partnership with other major brands.

Boots The Chemist first began planning a loyalty card in November 1993, but building a CRM-focussed loyalty program. With an investment in excess of 30 million GBP, the Boots Advantage Card, launched in 1997, is / was the largest smart card retail loyalty card scheme in the world, and the third-largest retail loyalty scheme in the U.K. in terms of cards issued. The Advantage scheme currently has 16.4 million cardholders using the card online and in store and at 3rd party retailers.

The patronage dividend rewarded the loyalty of the owner members of Britain's retail consumer co-operatives since the Rochdale Pioneers of the 1840s. Paper record-keeping transformed in the 1960s into a trading stamp scheme managed by the Co-operative Wholesale Society (CWS), which was gradually withdrawn as margins declined. The loyalty card concept was used by some co-operatives to restore dividend payments at the turn of the 21st century, notably by the CWS's "Dividend" card, which was replaced by The Co-operative Membership card program, adopted by several larger co-operatives.

Safeway's ABC Card was discontinued in 2000.^[16] Airlines, Hotels and other loyalty schemes also offer cards. Marks and Spencer and the John Lewis Partnership have credit cards which give vouchers in return for spending, and do not issue separate loyalty cards. GAME has a reward card scheme for which every pound spent a customer is rewarded 10 points; for every 1000 points that one collects, one gets £2.50 to redeem in the store, or online. Preorders earn a customer 20 points per pound. HMV has a reward card called purehmv which allows the customer to claim a variety of rewards, including in-store discounts.

The UK's largest retail bookmaker Ladbrokes launched the Odds ON! loyalty programme in late 2007, the first retail betting loyalty scheme in Europe. Customers earn points on each bet which can be redeemed for bonus jokers and free bets. Ladbrokes Poker also operates a loyalty program for its online poker players where players are able to exchange their poker points for gift & prizes.

Maximiles^[17] is an online coalition program claiming 1.6 million members in the UK.^[18] Maximiles also operates online programs in France, Spain and Italy.^[18]

Best Buy recently launched their first store at Thurrock, Essex. Coinciding with the store launch, they also launched the customer engagement program called My Best Buy. My Best Buy is a tiered, digital loyalty and customer engagement program that is designed to build a life-long relationship with the customer by providing a personalized experience through which they can manage their digital and technology needs.

The Ice Organisation launched MyIce.com in 2010, a scheme which rewards consumers for shopping in a more sustainable way. Ice's mission is ultimately to promote greener goods and services to mitigate climate change, and currently works with both national and local retailers to encourage more local, sustainable consumerism.

Republic of Ireland

In the Republic of Ireland loyalty cards have been in operation since 1993, when Superquinn introduced its SuperClub loyalty card scheme. This is regarded as having been the prototype for such schemes in Europe. However, loyalty cards did not expand until 1997, when Tesco Ireland introduced its Clubcard scheme, shortly after its purchase of Power Supermarkets. This was essentially a simple expansion of the UK scheme (see above) - cards for this are physically identical to those used by Tesco in the UK and they can be used in both countries. Dunnes Stores responded with the introduction of their own ValueClub scheme in June 1997. Today these are three main schemes operating in Ireland, although ValueClub has been withdrawn from Dunnes' Northern Ireland stores.

All five major petrol station chains in the country operated a scheme during the late 1990s - Esso had "Tiger Miles" (with Tesco ClubCard points offered as an alternative), Maxol had "Points Plus", both of which operated on the principle of getting items from a gift catalogue, with Shell using Dunnes' scheme, Texaco using the SuperQuinn system, and Statoil operating a cash-back system, "Premium Club". Due to increasing oil prices and tightening of margins, all of these schemes ended by the end of 2005. Tesco Ireland's petrol stations still, however, give Clubcard points.

GAME, a major computer game and hardware retailer also operate a cashback card scheme, which was merged with Electronics Boutique's programme following the separation of their northern European stores into the hands of GAME. The scheme returns one-fortieth of the spend, more than twice as generous as Tesco.

Germany

The largest loyalty program in Germany is Payback, which was launched in 2000. According to a study in August 2007 by GfK,^[19] 61% of German households have a Payback card. It listed the HappyDigits program as having a 42% share, with the Shell ClubSmart program as third most popular with 13%. In March 2008, the coalition program DeutschlandCard was launched by Arvato. As at March 2009 it had more than 4.5 million active cardholders.

Switzerland

Loyalty programs are popular in Switzerland, with the two main supermarket chains, Migros and Coop prominent. The M-Cumulus card can be used at the Migros supermarkets, Ex Libris (books, DVD's), SportXX, and other retailers. The Coop Supercard earns points on purchases at Coop and a variety of other associated stores. Other stores such as Interio, a furniture retailer, are also joining the market with loyalty cards and store-based incentivised credit cards. In recent years, online loyalty programs have also started to target the Swiss. First to make an offering in Switzerland was German-based Webmiles. Claiming to be Switzerland's first online bonus program, Bonuspoints was launched in early 2008 and offers incentives for shopping at 70 different online stores.

Italy

Loyalty programs are popular in Italy, with the two main supermarket chains, Esselunga and Il Gigante, leading the field with their offerings. Other stores such as Interio, a furniture retailer, are also joining the market with loyalty cards and store-based incentivised credit cards.

Hungary

Two coalition loyalty programs in Hungary are SuperShop and Multipoint. SuperShop was established in April 2000 and is backed by premium partners hu:SuperShop Spar, OBI, OMV, Photo hall, Burger King.

Spain

VOILÀ Hotel Rewards launched in June 2008 with "Husa Plus]," a co-branded loyalty program for Husa Hoteles.^[20] The Husa Plus program is currently offered at approximately 145 Husa Hotels, primarily located in Spain.

Asia

Hong Kong

Hong Kong offers many loyalty programs which include Octopus Rewards, which started as a chip based smartcard for transport and now, the Octopus cards can be used to earn points in certain shops, including McDonald's and Wellcome supermarket. Another loyalty program is for travelling on the heavily patronaged (3.65 million/day) MTR railway system in Hong Kong, known as the MTR Club. In terms of shopping or purchasing groceries, one can the MoneyBack card at PARKnSHOP supermarkets. Asia Miles, which was part of Cathay Pacific.

Iran

The first Iranian loyalty program launched in 1995 by Iran Credit Card Group "Zarrin Card"(or Advantage Card).

Indonesia

Centro Friends card is a loyalty card for Shoppers of Centro Department Stores. The Love Your Body card is the loyalty card for The Body Shop stores in Indonesia. Other notable programs in Asia include KrisFlyer, the Singapore Airlines rewards program.

India

Payback India (formerly i-mint) is India's largest coalition loyalty program, with 10 million members^[21] and 1500 network partners, with 120 billion INR of sales generated through i-mint-cards in 2009.^[22] German loyalty program operator Loyalty Partner took a controlling interest in i-mint in June 2010^[22] and renamed the program Payback India in July 2011.^[21] Hero Honda's passport program claims over 3 million members.^[23] BPCL's PetroBonus fuel card program has 2 million members.^[24] Indian Oil's fleet card program XTRAPOWER and retail program XTRAREWARDS claim a combined customer base of 3 million.^[25] The Maruti Suzuki AutoCard, launched in association with Citibank and Indian Oil had 370,000 cardholders as at October 2008.Kingfisher Airlines FFP King Club had 2 million members as on October 2010.It is the most generous FFP in Airlines^{[citation needed]} Shopper's Stop has been offering a loyalty programme called First Citizen for well over a decade for regular customers. Other retailers like Lifestyle (The inner Circle loyalty Programme) & Reliance Retail also have their own loyalty programmes.

Malaysia

In Malaysia, the BonusLink program was introduced in a joint venture between Shell, Parkson, Maxis and MBF. The BonusLink program is coalition with earning and redemption partners allowing members to earn points at a number of Malaysian retailers.

Genting Highlands Resort has its own loyalty card, WorldCard (same as mentioned below) that is primarily used to gain points in Genting Highlands' Resorts and Attractions. However, it can also be used for Starbucks, Coffee Bean and Häagen-Dazs and it is valid in three countries, namely Malaysia (where Genting Group is based), Singapore and Hong Kong. Jusco also has its own loyalty card, known as J Card.

In early 2008, ValueClub Marketing and Services Sdn. Bhd. launched it V-Kad at North Malaysia especially in Penang state. V-Kad has actively joint by various industries such as F&B, fashion, saloon and optics. It provides V-Kad members to collect V-Points to redeem gift and exchange services with the participating merchants.

Singapore

The three largest loyalty programs are Plus, WorldCard (aggregate program of Genting Resorts, Suntec City Mall, Star Cruises & Indigoz)and SAFRA Card. The LinkPoints Programme has more than 1 million members and over 600 participating merchant outlets.

Taiwan

The French retailer, Carrefour has recently introduced a new loyalty scheme whereby customers can earn and redeem points for purchases made in the store, and also earn additional points for all purchases made using a Carrefour branded credit card. The largest online rewards program is EmailCash.^{[citation needed]}

Shanghai

The Smartclub program allows all Shanghai residents to earn SmartPoints free, each time they take the subway, bus, or taxi. Those SmartPoints can be combined with points earned at McDonald's, eLong, Sport100, cinemas, bookstores, and other SmartClub partner retailers.

Program management

Across the globe loyalty programs are increasingly finding the need to outsource strategic and operational aspects of their programs, given the size and complexity a loyalty program entails. Program managers are typically agencies with specialist skills in loyalty consulting, creative and communication, data analytics, loyalty software, and back end operations. The advent of Web 2.0 and SaaS online-based services has provided lower-cost options for small businesses to offer and manage their own loyalty programs. Moreover, there are many free and open source alternatives to manage user awards and incentives.^[26]

Loyalty cards are becoming mobile (i.e. Cardmobili and Loopt).^[27]

Criticism

Companies complain that these loyalty program discount goods to people that are buying their goods anyway, and that the expense of doing these programs rarely pays. Other critics see the lower prices and rewards as bribes to manipulate customer loyalty and purchasing decisions, or in the case of infrequent-spenders, a means of subsidizing frequent-spenders. Commercial use of the personal data collected as part of the programmes has the potential for abuse. It is highly likely that consumer purchases are tracked and analyzed towards more efficient marketing and advertising (in fact, this can be one of the purposes of the loyalty card.) To some, participating in a loyalty program (even with a fake or anonymous card) funds activities that violate privacy.^[28] There has also been concern expressed regarding RFID technology being introduced to loyalty cards.^[29]

Loyalty and credit card reward plans might be viewed as modern day examples of a kickback. An employee who needs to buy something (such as a hotel room or an airline flight) for a business trip but who has discretion to decide which airline or hotel chain to use has an incentive to choose the payment method that provides the most credit card rewards or loyalty points instead of minimizing cost for the organization.

See also

• Identity management
• Incentive
• Incentive Program
• Loyalty Marketing
• Premiums
• S&H Green Stamps
• Trading stamp

References

1. ^ Sharp, Byron and Anne Sharp (1997), "Loyalty Programs and Their Impact on Repeat-Purchase Loyalty Patterns", International Journal of Research in Marketing, 14 (5), 473-86.
2. ^ "Glossary L, Loyalty Program". Electronic Merchant Systems. http://www.elect-mer.com/glossary-l.html. Retrieved Retrieved August 18, 2011. 
3. ^ "Stop & Shop Card Holders Can Save $10 on Seasonal Immunization". Stop and Shop. 10 September 2009. http://www.stopandshop.com/about_us/news_media/press_release.htm?p=467c3411-072c-4030-86a6-aae7506d8567. Retrieved 2 September 2011. 
4. ^ "Supermarket Club Card Disclosure Act of 1999". FindLaw. http://caselaw.lp.findlaw.com/cacodes/civ/1749.60-1749.66.html. Retrieved 2007-07-25. 
5. ^ Foursquare partners with AMEX
6. ^ Shopkick and BestBuy
7. ^ "Canadian Tire Money loyalty program". CanadaLoyalty.com. http://www.canadaloyalty.com/Programs/canadian_tire_money.html. Retrieved 2007-11-23. 
8. ^ "Coles supermarket to overhaul FlyBuys scheme". The Australian. 17 February 2011. http://www.theaustralian.com.au/news/nation/coles-supermarket-to-overhaul-flybuys-scheme/story-e6frg6nf-1226007126615. Retrieved 27 February 2011. 
9. ^ "Australia: FlyBuys launches iPhone App". Colloquy. 29 June 2010. http://www.colloquy.com/breaking_view.asp?xd=7379. Retrieved 17 August 2010. 
10. ^ "The hidden side of loyalty programs". Monash University Business & Economics - Australian Centre for Retail Studies. December 2009. p. 18. http://www.buseco.monash.edu.au/centres/acrs/research/whitepapers/hidden-side-of-loyalty.pdf. Retrieved 31 August 2010. 
11. ^ "Woolworths reports solid profits". Australian Food News. 26 August 2010. http://www.ausfoodnews.com.au/2010/08/26/woolworths-reports-solid-profits.html. Retrieved 27 August 2010. 
12. ^ "Brazin's Pulse goes over the 1 million mark". The Wise Marketer. 25 September 2006. http://www.thewisemarketer.com/briefs/archive.asp?action=read&bid=1989. Retrieved 2007-07-25. 
13. ^ "Reward for Young Scot". The Glasgow Herald. 29 August 1989. http://news.google.com/newspapers?nid=2507&dat=19890829&id=hBI1AAAAIBAJ&sjid=waULAAAAIBAJ&pg=3396,4676178. Retrieved 21 February 2010. 
14. ^ "A trip to Alton Towers? That'll be £2,000, please". London: The Independent. 14 August 2005. http://money.independent.co.uk/personal_finance/loans_credit/article305643.ece. Retrieved 2007-07-25. 
15. ^ "How Tesco is changing Britain". The Economist. 4 August 2005. http://www.economist.com/world/europe/displayStory.cfm?story_id=4247169. Retrieved 2007-07-25. 
16. ^ "Safeway scraps loyalty card". BBC News. 5 May 2000. http://news.bbc.co.uk/1/hi/business/735835.stm. Retrieved 2007-07-25. 
17. ^ "Maximiles acquires ipoints to create Europe's no. 1 online coalition loyalty company". E-consultancy. 19 July 2006. http://www.e-consultancy.com/news-blog/361397/maximiles-acquires-ipoints-to-create-europe-s-no-1-online-coalition-loyalty-company.html?keywords=loyalty. Retrieved 2006-07-19. 
18. ^ ^{a b} "Brochure". Maximiles Group. http://www.maximilesgroup.com/images/mxmpdf.pdf. Retrieved 17 August 2010. 
19. ^ "Studien". Loyalty Partner. http://www.loyaltypartner.com/presse/studien/#c390. Retrieved 2008-05-15. 
20. ^ "Voila launches Husa plus loyalty Program". Colloquy (free registration required). http://www.colloquy.com/breaking_view.asp?uid=5230. Retrieved 2008-09-10. 
21. ^ ^{a b} "Payback India's bet". Business Standard. 20 July 2011. http://www.business-standard.com/india/news/paybacks-india-bet/443284/. Retrieved 28 July 2011. 
22. ^ ^{a b} "i-mint and Payback team up in India". Colloquy. 17 June 2010. http://www.colloquy.com/breaking_view.asp?xd=7353. Retrieved 18 June 2010. 
23. ^ "Dua speaks the growth story of Hero Honda". The Economic Times. 27 December 2007. http://economictimes.indiatimes.com/auto/Dua-speaks-the-growth-story-of-Hero-Honda/articleshow/2653535.cms. Retrieved 17 February 2010. 
24. ^ "BPCL celebrates PetroBonus 10th anniversary". The Hindu. 15 October 2009. http://www.hindu.com/2009/10/15/stories/2009101555751600.htm. Retrieved 9 March 2010. 
25. ^ "Indian Oil does a hat-trick at the 3rd loyalty summit". XTRAPOWER. http://www.iocxtrapower.com/award2009.asp. Retrieved 9 March 2010. 
26. ^ Susan Ward (2008-11-16). "Cool Tool of the Week". About.com. http://sbinfocanada.about.com/b/2008/11/16/cool-tool-of-the-week-stickystreetcom.htm. 
27. ^ "Cellphone in New Role: Loyalty Card". The New York Times. 2010-05-31. http://www.nytimes.com/2010/06/01/technology/01loopt.html?hpw. 
28. ^ Albrecht, Katherine. "Why getting a shopper card under a fake name is not the answer". Consumers Against Supermarket Privacy Invasion And Numbering. http://www.nocards.org/essays/nofakes.shtml. Retrieved 2007-11-23. 
29. ^ Blau, John (2004-03-01). "Metro Store bows to pressure from anti-RFID activists". InfoWorld. http://www.infoworld.com/article/04/03/01/HNmetrostore_1.html. Retrieved 2007-11-23.